Unitech Machines announces the joint venture with NOHMI, revolutionizing Indian infrastructure
Released on: September 9, 2008, 10:29 pm
Press Release Author: Puneet Ahuja/Mutualpr
Industry: Real Estate
Press Release Summary: Unitech Machines Ltd announcing a Joint venture with the Japanese company- NOHMI, which is into fire Security systems, to provide advanced fire security systems, targeting infrastructure and real sector - both commercial and residential.
The Joint venture is likely to revolutionize the fire security regulations in India by providing customized designs of the buildings.
Press Release Body: Unitech Machines Ltd., a group Flagship Company & Nohmi Bosai Japan, announces JV to offer comprehensive fire safety solutions in India. New Delhi, 9th Sept 08- Unitech Machines Limited (UML), Indias leading engineering company has announced today its joint venture with Nohmi Bosai Limited (NOHMI) the Japanese pioneer in fire protection systems, to offer comprehensive fire safety solutions in the Indian market.
The Jointly established entity would be named as Unitech Nohmi Fire Protection System Private Limited and would be working to establish a comprehensive and secured fire safety system for buildings across the sectors with its joint expertise in fire safety consulting, advanced products selling, and turnkey project execution. It would also support customers challenge in minimizing fire risk & damage so that they can improve their performance on CSR & BCP.
The JV furthers the Unitech Machines strategic goal of organizing the fire protection system industry in India on a sound foundation and stabilizes the market dynamics thereof, says Mr. VK Chabbra, Chairman Unitech Machines group. There is a lack of awareness within the country on the dynamics of an efficient fire protection system. It is much beyond a mere plumbing activity. The expertise of both the partners will significantly strengthen the quality of deliverables to the customers and reduce losses by minimising the turn around time. We have the capabilities to analyse, evaluate and provide more than mere statutory guidelines. This JV aspires to revolutionize the Fire Protection System industry for the Indian market, he added.
Elaborating on the JV Mr. Hashizume, President of Nohmi Bosai said Unitech Machines is at the forefront of the engineering industry in India, making it an ideal partner for NOHMI, to experiment in India, It not only creates exciting business opportunities for NOHMI, while also increasing our capacity to penetrate new industry verticals and deliver superior services. We hope to grow with this untapped prospective business in India
Fire Safety System industry today needs to be better organized as the companies are merely following the fire regulation guidelines, which does not fit well with the complicated and advanced buildings & production facilities today. In this sphere, there is a huge demand of the CUSTOMIZED
SAFETY DESIGN for different customers, proposing suitable system beyond the fire regulation requirements.
Unitech Nohmi would be creating new values in fire industry utilizing synergy of resources from two giants Unitech Machines & Nohmi Bosai, and thus drawing an eligibility to cater into Industry such as Oil & Gas Refineries, Chemical Plants, Manufacturing Plants, Airports, Metro, Hotels, Hospitals, Commercial Complex, etc. Unitech Nohmi comprehensive fire safety will be achieved with three parts of activities.
1. Analysis / Investigation of fire risk in customers facilities & Evaluation / Solution proposal for optimum fire protection system
2. Introducing advanced fire safety products which reduce customers load against fire protection
3. Turnkey project execution of various fire safety systems with professional management on quality and time
To achieve Unitech Nohmi business objectives, NOHMI provides its high-quality & unique fire safety products such as NN100 (Clean gas fire suppression system), Integlex (analog addressable fire alarm system), and SR100 (automatic and integrated extinguishing system), and shares its engineering know-how in various industry. Unitech Machines will serve the JV for project execution of comprehensive fire fighting/ protection system.
The JV will be capitalized at Rs 4.8 Cr, with Unitech Machines owning 49%, Nohmi 51% shares, Mr. V. K. Chhabra, Group Chairman has been appointed as MD of Unitech Nohmi Fire Protection System Pvt.Ltd.
The company is also in discussion with NOHMI for new product development suitable and superior in fire alarm market in India including feasibility of local manufacturing of some of the equipments utilizing Unitech Machines manufacturing capability accumulated in Auto parts production.
About Unitech Machines Group
Unitech Machines has been incorporated in 1986 and is the flagship company of the Group which has a turnover of Rs 700 Cr in fiscal 2007. Unitech Machines has been recognized as one of the most reputed diversified engineering companies in the country and has an experience in providing complete turnkey solution in infrastructure for Mega Power Plants. Unitech Machines is also OEM to all leading two and four wheeler automobile manufacturers in India and have a large product line pertaining to Rear View Mirrors, Lamp Assemblies, Switches, Aluminum Castings, Automobile Horns, etc.
About NOHMI
NOHMI has been incorporated in 1916 as a pioneer in fire industry in Japan and since then is exclusively dedicated to the business of Fire Protection System. It has achieved specialization in R&D, System Design & Engineering, Manufacturing, Project Execution and Maintenance of all kind of Fire Protection Systems. NOHMI has been creating fire safety products and systems addressing customers needs and adds values beyond standards. Apart from Japan, Nohmi has executed number of projects worldwide recording a sales turnover of $ 800 Million in fiscal 2007.
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Contact Details: Puneet Ahuja KD 22 A Ashok vihar new delhi ph no 9899021514